Brokerage Firm Rating Update on CDW Corporation (CDW)

CDW Corporation (CDW) : 8 analysts are covering CDW Corporation (CDW) and their average rating on the stock is 1.88, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CDW Corporation (CDW) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CDW Corporation (CDW) : The highest short term price target forecast on CDW Corporation (CDW) is $50 and the lowest target price is $46. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $47.67 with a standard deviation of $1.37.


For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank maintains their rating on the shares of CDW Corporation (NASDAQ:CDW). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $48 per share from $43 per share. The rating by the firm was issued on August 4, 2016.

CDW Corporation (NASDAQ:CDW): The stock opened at $44.86 and touched an intraday high of $45.105 on Wednesday. During the day, the stock corrected to an intraday low of $44.41, however, the bulls stepped in and pushed the price higher to close in the green at $45.05 with a gain of 0.09% for the day. The total traded volume for the day was 809,248. The stock had closed at $45.01 in the previous trading session.

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility, security, data center optimization, cloud computing, virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments, CDW Advanced Services, Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively, its vendor partners), whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250,000 small, medium and large business, government, education and healthcare customers by delivering solutions to their IT needs.

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